The Land Bank of the Philippines (LANDBANK) has recorded a total of 2.12 million accounts opened online through its award-winning Digital Onboarding System (DOBS) as of end-December 2021, driven by the continued rise in demand for safer digital banking services. “This new DOBS milestone underscores LANDBANK’s steadfast commitment to deliver accessible and innovative digital solutions as we respond to the changing times. This is also a testament to the Bank’s dedication to balance service delivery while ensuring the health and safety of our customers,” said LANDBANK President and CEO Cecilia C. Borromeo. Since its launch in November 2018, the LANDBANK DOBS has helped simplify the account enrolment process and reduced the account opening time of customers from 45 minutes to just 10-15 minutes. LANDBANK also launched last year the DOBS Mobile as a feature of its Mobile Banking App (MBA), which allows customers to open a LANDBANK savings account using their mobile phone without the need to go to a LANDBANK branch. Accounts opened through DOBS are automatically enrolled in LANDBANK’s array of e-banking channels, such as the LANDBANK iAccess and Mobile Banking App that facilitate simple digital banking transactions. LANDBANK account holders can also update their information as well as open a payroll account through the DOBS. The LANDBANK DOBS was cited as a pioneering web application among universal banks in the Philippines. It was awarded with a Merit Award for Technology Development by the Association of Development Financing Institutions in Asia and the Pacific (ADFIAP) Development Awards. The DOBS is accessible through LANDBANK’s official website (www.landbank.com) or through the Digital Corner of selected LANDBANK branches dedicated for walk-in clients, while the DOBS Mobile can be accessed through the LANDBANK MBA.
READ MORELand Bank of the Philippines (LANDBANK) joins the Philippine Commission on Women (PCW) in celebrating National Women's Month 2022 this March. This year's theme, "Agenda ng Kababaihan, Tungo sa Kaunlaran," focuses on bringing the country closer to narrowing the gender gaps and moving towards sustainable and equitable development. #ServingTheNation #BankingOnTheFilipinoSpirit #NWM2022
READ MORELand Bank of the Philippines was awarded with Best Lending Platform – Philippines 2021 by theInternational Finance Awards for the Bank's lending programs that help alleviate the impact of the COVID-19 pandemic.
READ MORELand Bank of the Philippines was awarded with Outstanding Development Project Awards in 2021, under the Category 7-Local Economic Development by the Association of Development Financing Institutions in Asia and the Pacific for the Bank's RISE UP & I-RESCUE Lending Programs.
READ MORELand Bank of the Philippines was awarded with Top Taxpayer of the City of Manila by the City Government of Manila during the 2021 Araw ng Maynila celebration.
READ MORELand Bank of the Philippines was awarded with the Innovative Company / Sustainability Company by the Asia CEO Awards.
READ MOREThe Land Bank of the Philippines (LANDBANK) has approved more than P100 billion in loans for 365 local government units (LGUs) nationwide as of end-January 2022. The substantial financial assistance to LGUs is in line with the Bank’s commitment to hasten the revival of local economies and communities affected by the pandemic. Under its RISE-UP LGUs (Restoration and Invigoration package for a Self-Sufficient Economy towards UPgrowth for LGUs) Lending Program, LANDBANK extends loans to provincial, city, and municipal governments to finance COVID-19 response and recovery intervention projects. Eligible projects allowed under the RISE UP LGUs include the purchase of agricultural produce, acquisition of equipment and construction of facilities to link products to the market, including other programs and projects of the LGU that provide basic and support services, social welfare, healthcare, and other infrastructure activities. Since its launch in July 2020, the Program has gained wide acceptance by LGUs that the state-run bank has increased its fund allocation to P150 billion—15 times more than the P10-billion initial fund—to accommodate the needs of more LGUs. “Together with our local government partners, LANDBANK remains at the forefront of delivering essential services for the Filipino people and the nation at large. LANDBANK is the biggest development partner of the LGU sector, with all provinces, cities, and municipalities now maintaining deposit accounts with LANDBANK,” said LANDBANK President and CEO Cecilia C. Borromeo. LANDBANK is encouraging LGUs to promptly draw on their approved and enrolled loans under the RISE UP LGUs Lending Program and take advantage of the interest subsidy. Interested LGUs may contact the nearest LANDBANK Lending Center or Branch nationwide, or call LANDBANK’s customer service at (02) 8-405-7000 or at PLDT Domestic Toll Free 1-800-10-405-7000.
READ MOREThe Land Bank of the Philippines (LANDBANK) has approved loans totaling P30.96 billion as of end-January 2022 to help cooperatives and local businesses recover from the impact of the COVID-19 pandemic. Through the I-RESCUE (Interim REhabilitation Support to Cushion Unfavorably affected Enterprises by COVID-19) Lending Program, LANDBANK has supported a total of 687 borrowers, composed of 462 micro, small and medium enterprises (MSMEs), 115 cooperatives, 105 large enterprises, and five (5) microfinance institutions (MFIs). “LANDBANK recognizes the crucial role of local businesses to ramp-up the country’s ongoing economic recovery. We will continue to provide timely and accessible credit assistance to serve their financial requirements amid the pandemic and beyond,” said LANDBANK President and CEO Cecilia C. Borromeo. Launched in April 2020 at the height of quarantine restrictions to stem the rising COVID-19 infections, the I-RESCUE Lending Program aims to provide credit and loan restructuring assistance to businesses adversely affected by the pandemic, under more flexible terms and conditions. Under the Program, eligible borrowers may loan up to 85% of their emergency or permanent working capital requirements, with an affordable interest rate of 5% per annum for three (3) years, subject to annual re-pricing thereafter, and payable up to 10 years with a maximum of two (2) years grace period on the principal repayment. The Program also offers a sub-credit facility for MSMEs and cooperatives, as well as self-employed individuals duly registered with the Department of Trade and Industry (DTI) and the Securities and Exchange Commission (SEC), classified to be critically affected by the pandemic. The LANDBANK I-RESCUE Lending Program is available until December 31, 2022. Interested borrowers may contact the nearest LANDBANK Lending Center or Branch nationwide or call LANDBANK’s customer service hotline at (02) 8-405-7000 or at PLDT Domestic Toll Free 1-800-10-405-7000.
READ MOREState-run Land Bank of the Philippines (LANDBANK) sold P87.8 billion or more than 19% of the recently concluded Retail Treasury Bonds Tranche 27 due 2027 (RTB-27). The Bureau of the Treasury (BTr) raised a total of P457.8 billion for this issue. Proceeds from the issuance will fund the country’s COVID-19 recovery measures, construction of infrastructure projects, refinancing of existing debts, and other key national expenditures toward advancing economic development and resilience. “LANDBANK’s active participation in the RTB-27 offering is in line with our continued support to the National Government in ramping-up socio-economic development initiatives. We are one with the whole nation in rising towards the new economy,” said LANDBANK President and CEO Cecilia C. Borromeo. From 15 to 28 February 2022, LANDBANK sold the RTB-27 through traditional over-the-counter placements in its branches nationwide and via its various online investment channels, allowing more Filipino retail investors to participate in the said offering safely and conveniently. More than P66 million in sales were processed through the LANDBANK Mobile Banking App, and almost P19 million through the LANDBANK portal via the BTr Online Ordering Facility. More than P13 million was facilitated through the mobile banking app of the Overseas Filipino Bank (OFBank)—the official digital bank of the Philippine government and a subsidiary of LANDBANK. The RTB-27 is a low-risk investment instrument with a coupon rate of 4.875% per annum, offered at a minimum investment of P5,000 and in multiples of P5,000 thereafter. Interest payments will be paid quarterly during the term of the bond. LANDBANK is Joint Lead Issue Manager for the RTB-27 issuance, as part of its continued support to advancing greater financial inclusion and raising the state’s resources for emergency, recovery, and resiliency programs.
READ MOREJeepney drivers have successfully claimed their Pantawid Pasada cash cards loaded with P6,500 fuel subsidy at LANDBANK Cubao Branch in Quezon City on 18 March 2022, as part of the National Government’s support intervention to PUV drivers amid the rising fuel prices. The driver-beneficiaries can use the cash cards to purchase fuel at participating fuel stations nationwide. About 87,500 jeepney drivers nationwide have already received fuel subsidy worth P6,500 each, as Land Bank of the Philippines (LANDBANK) ramps up support to public utility vehicle (PUV) drivers challenged by the sudden rise in fuel prices. LANDBANK, in close coordination with the Department of Transportation (DOTr) and the Land Transportation Franchising and Regulatory Board (LTFRB), has credited fuel subsidies totaling P569 million for existing Pantawid Pasada cash cardholders under the Fuel Subsidy Program as of 17 March 2022. More than 377,000 PUV driver-beneficiaries are eligible to receive the subsidy under the Program. “LANDBANK is one with the National Government in providing immediate support interventions to PUV drivers to weather the impact of the fuel price surge. We are working closely with the DOTr and LTFRB to complete the distribution of the fuel subsidy to all beneficiaries nationwide at the soonest time possible,” said LANDBANK President and CEO Cecilia C. Borromeo. Apart from jeepney drivers, the Fuel Subsidy Program beneficiaries also include drivers of UV express units, minibuses, buses, shuttle services, taxis, tricycles, and other full-time ride-hailing and delivery services nationwide. Beneficiaries without Pantawid Pasada cash cards will be provided cash cards at designated LANDBANK branches as identified by the LTFRB. The Pantawid Pasada cash cards can be used to purchase fuel at participating fuel stations nationwide. LANDBANK continues to partner with national government agencies to ensure the timely, safe and efficient delivery of financial interventions to eligible beneficiaries, as part of the Bank’s commitment to serving the nation.
READ MOREAs of Tue, April 29, 2025
| Buying | Selling | |
|---|---|---|
| USD | 56.15 | 56.65 |
| JPY | 0.384503 | 0.399342 |
| EUR | 62.734299 | 65.163993 |
| GBP | 73.505595 | 76.352462 |
| HKD | 7.193121 | 7.729313 |
As of Mon, April 28, 2025
| UITF | NAVPU |
|---|---|
| Cash Management Fund | 1.558065 |
| Money Market Fund | 1.311204 |
| Money Market Plus Fund | 1.223605 |
| PERA Money Market Fund | 1.024015 |
| Medium-Term Bond Fund | 2.471787 |
| Bond Fund | 2.022874 |
| PERA Bond Fund | 1.198546 |
| Balanced Fund | 2.606916 |
| Growth Fund | 2.583822 |
| Alpha Equity Fund | 3.00714 |
| Blue Chip Equity Fund | 0.961723 |
| Equity Fund | 0.7838 |
| High Dividend Equity Fund | 1.005401 |
| US$ Money Market Fund | 1.432307 |
| Global $ Fund | 1.527551 |
